Rajasthan Royals Sold to American Businessman Kal Somani for Record-Breaking $1.63 Billion

Only a few days are left for the 19th season of IPL to start. But before that, a big news has come out. The race for the ownership of IPL franchise Rajasthan Royals is over. American businessman Kal Somani has now bought Rajasthan Royals. According to reports, Kal Somani has bought this IPL franchise with a 100 percent stake for a huge price of about $1.63 billion (about Rs. 13,600 crore). With this deal, Rajasthan Royals has become the most expensive franchise in the world. Kal Somani is the founder of IntraEdge, Academian and Truyo.AI. This consortium also has the support of American businessman Robson Walton, who is associated with the Walmart family. In addition, it includes the Hamp family, which is the owner of the Detroit Lions team. According to reports, after 2026, this new ownership team will be sold for $1.63 billion, which is the most expensive in the world.